To calculate the Employee Satisfaction Index (ESI):
\[ ESI = \left( \frac{TE}{NE} \right) \times 100 \]
Where:
An Employee Satisfaction Index is a metric used by organizations to measure the overall happiness, contentment, and loyalty of their employees. It is typically derived from surveys or questionnaires that assess various aspects of the workplace, such as work environment, compensation, management effectiveness, opportunities for growth, and work-life balance. The index provides valuable insights into employee morale and engagement, helping companies identify areas for improvement and develop strategies to enhance employee satisfaction and productivity.
Let's assume the following values:
Using the formula:
\[ ESI = \left( \frac{80}{100} \right) \times 100 = 80\% \]
The Employee Satisfaction Index is 80%.
Let's assume the following values:
Using the formula:
\[ ESI = \left( \frac{150}{200} \right) \times 100 = 75\% \]
The Employee Satisfaction Index is 75%.
